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1928 E 18th Ave 1,897 SF Office Building Denver, CO 80206 $749,000 ($394.83/SF) 5.65% Cap Rate
EXECUTIVE SUMMARY
PRICE REDUCED!
This historical building was built in 1908, as a residential home. It was converted to a
commercial office building, prior to the early 1980s, when it was purchased by the current owner.The facility consists of 2,302 sq. ft. on a 2,700 sq. ft. (0.062 acre) lot per Assessor’s site. The
lot includes fencing, and signage. The building contains 6 offices and 2 bathrooms, with lots of storage space.
Parking includes spaces, with ample 2-hour client parking across the street.
This historical building was built in 1908, as a residential home. It was converted to a
commercial office building, prior to the early 1980s, when it was purchased by the current owner.The facility consists of 2,302 sq. ft. on a 2,700 sq. ft. (0.062 acre) lot per Assessor’s site. The
lot includes fencing, and signage. The building contains 6 offices and 2 bathrooms, with lots of storage space.
Parking includes spaces, with ample 2-hour client parking across the street.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,897 SF
Building Class
B
Year Built
1908
Price
$749,000
Price Per SF
$394.83
Cap Rate
5.65%
NOI
$42,347
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,170 SF
Slab To Slab
9’
Building FAR
0.73
Lot Size
0.06 AC
Zoning
G-RO-3 - G-RO-3, Property Type: Commercial-Office
AMENITIES
- Storage Space
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Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 2355-17-027 | Improvements Assessment | $129,620 |
| Land Assessment | $66,960 | Total Assessment | $196,580 |
PROPERTY TAXES
Parcel Number
2355-17-027
Land Assessment
$66,960
Improvements Assessment
$129,620
Total Assessment
$196,580
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Presented by
Murphy Business & Financial Corp
1928 E 18th Ave
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